Houthi destructive practices against Yemen's economy August 01, 2024 The internationally recognized Yemeni government stated on Tuesday that the Central Bank’s measures have achieved their objectives. This co...
New Houthi coin triggers economic divide in Yemen April 01, 2024 Yemen ’s Houthi militia has issued a new 100-riyal coin for the first time in nearly a decade, a move that sparked the ire of the Aden-based...
Iran's currency falls to record low amid falling economy February 25, 2023 Iran’s currency rial kept hitting new lows on Friday and broke another resistance point, dropping to 540,000 to the US dollar and 570,000 to...
The war deepens Turkey's economic woos April 26, 2022 Turkey is one of the countries that maintains trade relations with Russia and Ukraine in several sectors, and although it is one of the coun...
Turkey's annual inflation hit a record high April 17, 2022 Turkey's central bank on Thursday brushed aside an inflation reading that has soared past 60 percent and kept its benchmark interest rat...
Turkey's inflation jumps over 60% in March April 04, 2022 Turkish inflation soared to a fresh two-decade high in March, leaving the lira increasingly vulnerable by depriving the currency of a buffer...
UAE Improves Global AML/CFT Compliance March 06, 2022 Senior officials have reaffirmed the UAE's strong commitment and ongoing efforts in relation to anti-money laundering (AML) and counter ...
Turkish government uses courts to silence critics December 28, 2021 Turkey’s banking regulator has filed a criminal complaint against more than 20 people, including former central bank governors, journalists ...
The Turkish government emptied people's pockets December 20, 2021 Turkish citizens are frantically trying to find ways to cope as the lira continues a downward slide. The currency lost half its value agains...
Turkish Youtubers lose freedom for taking streets' pulse December 15, 2021 3 Youtubers were arrested in Turkey's Antalya province after asking strangers about their economic concerns as the value of the country...
Ankara, Istanbul rise up against deteriorating economic situation December 13, 2021 Thousands marched through Istanbul on Sunday after trade unions denounced the rise of poverty in the country and called for an increase of t...
Turks exchange their liras for foreign currency as inflation accelerates December 01, 2021 Turkey’s beleaguered lira weakened by more than 8 percent to hit a record low of 13.96 per dollar late on Tuesday, losing about 45 percent o...
Turkish lira imperils Erdogan's rule November 20, 2021 A currency crisis is shaking Turkey’s economy, imperiling President Recep Tayyip Erdogan’s nearly two-decade-long grip on power and upending...
Turkey on the verge of devastating economic recession November 14, 2021 It's no secret that over the years, Turkish President Recep Tayyip Erdogan has made a political fortune back home by starting crises wit...
Erdogan's hopes for re-election dashed by wrong policy October 21, 2021 Foreign home sales in Turkey, mainly to Iranians, Iraqis, Russians and Afghans, reached an all-time high of 6,630 last month, official data ...
Paranoiac Erdogan indulges in conspiracy illusions July 10, 2021 Turkey's president Ragab Tayyeb Erdogan has blamed the nation's economic woes on attacks he says were plotted internationally by for...
Turkey at risk of a financial crisis June 14, 2021 Turkey's foreign currency reserves plunged by 75% last year, raising concerns about a possible balance of payments crisis. The central b...
Public mistrust in Erdogan's government May 18, 2021 The Turkish lira, in a fresh downward spiral since the abrupt sacking of the central bank governor in March, plunged to more than 8.5 agains...
Turkey, the freezer of Libyan money April 27, 2021 Several international reports speak about huge smuggling operations from Libya to Turkey since the fall of the Libyan state into the hands o...
Turks need to know .. where is the $128 bl April 21, 2021 Missing reserves of $128 billion from Turkey’s Central Bank has triggered a publicity campaign from the opposition Republican People's P...